Avalanche (AVAX) Price Down 0.7% Over Last 7 Days

Avalanche (AVAX) traded 1.1% lower against the U.S. dollar during the 1 day period ending at 7:00 AM ET on March 28th. Avalanche has a market cap of $20.57 billion and $787.20 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can currently be bought for $54.50 or 0.00076952 BTC on major exchanges. During the last week, Avalanche has traded 0.7% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Internet Computer (ICP) traded down 7.8% against the dollar and now trades at $17.84 or 0.00025189 BTC.
• NEAR Protocol (NEAR) traded down 5.5% against the dollar and now trades at $7.35 or 0.00010371 BTC.
• Cosmos (ATOM) traded up 2.7% against the dollar and now trades at $12.43 or 0.00017542 BTC.
• Cronos (CRO) traded up 3.9% against the dollar and now trades at $0.15 or 0.00000215 BTC.
• Hedera (HBAR) traded 0.6% lower against the dollar and now trades at $0.11 or 0.00000162 BTC.
• Fetch.ai (FET) traded 4.3% higher against the dollar and now trades at $3.37 or 0.00004753 BTC.
• Algorand (ALGO) traded 4.8% lower against the dollar and now trades at $0.27 or 0.00000384 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $5.32 or 0.00007513 BTC.
• Kava (KAVA) traded down 0.8% against the dollar and now trades at $1.00 or 0.00001406 BTC.
• Theta Fuel (TFUEL) traded 1.9% lower against the dollar and now trades at $0.0853 or 0.00000120 BTC.

Avalanche Profile

Avalanche uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 436,106,176 coins and its circulating supply is 377,416,536 coins. Avalanche’s official website is avax.network. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official message board is medium.com/avalancheavax.

According to CryptoCompare, “Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it’s a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum’s development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.”

Avalanche Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to acquire Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView